KEPCO

Recurrent Energy Closes Project Financing for 119 MW Solar Project in Mexico

Retrieved on: 
Tuesday, February 27, 2024
KEXIM, Hana Bank, PPA, Commercial, KEPCO, Sprot, Korea Electric Power Corporation, Electricity, COD, The Company, Renewable energy

GUELPH, ON, Feb. 27, 2024 /PRNewswire/ -- Recurrent Energy , a subsidiary of Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) and a global developer and owner of solar and energy storage assets, announced today that it has closed non-recourse project financing for its 119 MW Horus Solar project in the region of Aguascalientes, Mexico.

Key Points: 
  • GUELPH, ON, Feb. 27, 2024 /PRNewswire/ -- Recurrent Energy , a subsidiary of Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) and a global developer and owner of solar and energy storage assets, announced today that it has closed non-recourse project financing for its 119 MW Horus Solar project in the region of Aguascalientes, Mexico.
  • Recurrent owns 49 percent of the Horus Solar project, while Korea Electric Power Corporation (KEPCO) and Sprott own 15 percent and 36 percent respectively.
  • The 119 MW solar project was built using Canadian Solar's high efficiency BiHiku bifacial modules.
  • Thank you to our partners at KEXIM and KEB Hana Bank, together with the project sponsors KEPCO and Sprott, for helping enable this solar project that will bring more emissions-free power to Mexico.

MHI and KEPCO Agree to Install a CO2 Capture Pilot Plant at Himeji No.2 Power Station

Retrieved on: 
Wednesday, January 17, 2024
Carbon, CO2, KEPCO, CCUS, Ecosystem, Environment, Kansai Electric Power Company, MHI, ExxonMobil, Energy transition

TOKYO, Jan 17, 2024 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) agreed today with The Kansai Electric Power Co., Inc. (KEPCO) to install a CO2 capture pilot plant at Himeji No.2 power plant in Hyogo, Japan.

Key Points: 
  • TOKYO, Jan 17, 2024 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) agreed today with The Kansai Electric Power Co., Inc. (KEPCO) to install a CO2 capture pilot plant at Himeji No.2 power plant in Hyogo, Japan.
  • This new plant is being established to demonstrate the next-generation CO2 capture technology as a substitution of the existing pilot plant installed at Nanko Power Station in 1991, and MHI aims to start operation in FY2025.
  • The pilot plant will be installed for R&D of CO2 capture technology and will use flue gas from the gas turbine at Himeji No.2 Power Station, with a capture capacity at approximately 5 tons/day.
  • For details of ExxonMobil, Mitsubishi Heavy Industries Form Carbon Capture Technology Alliance, see the following press release: https://www.mhi.com/news/22113001.html

Circuit Breaker Market - Global Forecast to 2028: Rising Inclination Toward Renewable Energy Sources to Boost Demand - ResearchAndMarkets.com

Retrieved on: 
Friday, December 29, 2023
Other Energy, Other Construction & Property, Manufacturing, Energy, Construction & Property, Other Manufacturing, Electricity generation, Korea Electric Power Corporation, KEPCO, Atmosphere of Earth, Electricity, Region, USD, Ageing, Vacuum, Growth, SGCC, Investment, Transmission, Medium, Electronics

Several factors are driving this growth, including the increasing investments in power generation, particularly in renewable energy sources.

Key Points: 
  • Several factors are driving this growth, including the increasing investments in power generation, particularly in renewable energy sources.
  • Furthermore, the railway sector is witnessing accelerated investments, further contributing to the growth of the circuit breaker market.
  • The gas circuit breaker segment is expected to hold the largest share of the circuit breaker market, by insulation type, during the forecast period.
  • During the projected timeframe, the gas circuit breakers segment is expected to dominate the circuit breaker market.

SK E&S and Copenhagen Infrastructure Partners reach financial close on Jeonnam 1 offshore wind project in Korea

Retrieved on: 
Wednesday, October 11, 2023
CIP, Wind, Steel industry in Nigeria, Korea Hydro & Nuclear Power, KEPCO, Hyundai Heavy Industries, LS Cable & System, COP, JV, Copenhagen Infrastructure Partners, SK, Renewable energy

Jeonnam Offshore Wind Power was founded in 2020 as a 51-49 joint venture between SK E&S and Copenhagen Infrastructure Partners (CIP) and the project is expected to become the first Korean commercial scale offshore wind farm to go into operation in 2024.

Key Points: 
  • Jeonnam Offshore Wind Power was founded in 2020 as a 51-49 joint venture between SK E&S and Copenhagen Infrastructure Partners (CIP) and the project is expected to become the first Korean commercial scale offshore wind farm to go into operation in 2024.
  • The project has been developed by a joint team comprised by SK E&S and Copenhagen Offshore Partners (COP), the exclusive offshore wind development partner to CIP.
  • SK E&S and CIP are also jointly developing Jeonnam 2 and Jeonnam 3, two offshore wind projects with a total capacity of 800MW currently in the development phase.
  • Jeonnam 1 CEO Daniel Yun said, “SK E&S is proud to be leading the offshore wind industry in Korea with this landmark project.

VIRNECT joins forces with the SYNERGISE initiative to revolutionize disaster management on a global scale.

Retrieved on: 
Wednesday, September 27, 2023
Telecommunications, European Union Military Staff, Incident management, State, State Secretariat for Education, Research and Innovation, Samsung Electronics, Equip, KEPCO, Innovation, Japan Science and Technology Agency, Electronics and Telecommunications Research Institute, LG Chem, Control System, ICT, KOSDAQ, Korea, South Korea, KAC, Command, Knowledge, Technology Agency of the Czech Republic, Robotics, THW, Technical, Central government, Education, Safety, System of systems, Risk management, Science, Research

SEOUL, South Korea, Sept. 27, 2023 /PRNewswire/ --  A diverse consortium of eighteen partners from Europe, Japan, the Republic of Korea, and the United States, including VIRNECT, will collaboratively design, develop, integrate, deploy, test, validate, and demonstrate the Novel Integrated Toolkit. This comprehensive solution comprises an array of tools and services designed to:

Key Points: 
  • The toolkit is set to redefine disaster management by improving collaboration among first responders and enhancing mission effectiveness and victim detection in complex scenarios.
  • Foster collaborative response and resource management by sharing and updating a common operational picture across deployed teams, command chains, and participating agencies.
  • SYNERGISE combines advanced technology to enhance the safety, situational awareness, sense-making, and collaborative incident management of first responders.'
  • Tim Ha, CEO of VIRNECT, shares his enthusiasm, affirming that 'Our collaboration within SYNERGISE exemplifies VIRNECT's commitment to serving humanity through technology.

ASEAN Summit 2023: Indonesia identifies cooperation projects worth US$32 billion through AIPF

Retrieved on: 
Saturday, September 9, 2023
Acceleration, AIIB, MIND, Partnership, ACWA, SMBC, ASEAN, Jatiluhur Dam, Hydrogen, Telecommunications, Barley, Standard Chartered, AIPF, Media center, PT, Commerzbank, China State Construction Engineering, State-owned enterprise, ID, EDF Energy, ASEAN Summit, PLN, Ministry, Development, Ministry of Communications and Information Technology (Egypt), Lao, Permata Bank, Ammonia, Communication, Ecosystem, Bank, China Railway, Kingdom, Delegation, Renewable energy, KEPCO, Ministry of National Development Planning, Sumitomo Group

JAKARTA, Sept 9, 2023 - (ACN Newswire) - Indonesia identified cooperation projects worth US$32 billion through business matching activities carried out during the ASEAN-Indo-Pacific Forum (AIPF), held on September 5-6.

Key Points: 
  • JAKARTA, Sept 9, 2023 - (ACN Newswire) - Indonesia identified cooperation projects worth US$32 billion through business matching activities carried out during the ASEAN-Indo-Pacific Forum (AIPF), held on September 5-6.
  • As the organizer of the AIPF, which is the flagship event of the 43rd ASEAN Summit, Indonesia is also seeking cooperation for projects from other countries with a total value of US$810 million.
  • He mentioned that some of the largest SOEs in Indonesia, such as Pertamina, Pupuk Indonesia, PLN, Pelindo, Jasa Marga, MIND ID, and Injourney also participated in the AIPF.
  • ASEAN member states such as Brunei, Myanmar, Thailand, Malaysia, and the Philippines presented potential projects in the telecommunications and infrastructure sectors.

Asia-Pacific Emerges as Key Player in Nuclear Power Market Growth 2023-2028 - ResearchAndMarkets.com

Retrieved on: 
Thursday, July 27, 2023
Nuclear, Energy, Urbanization, IEA, Atomic energy, KEPCO, Generation, International Energy Agency, COVID-19, Electricity, Power plant engineering, China National Nuclear Corporation, Carbon, Compound annual growth rate, Nuclear energy, Climate change, Department of Atomic Energy, SKODA, Progress Energy Inc, Westinghouse Electric Company, Safety, Renewable energy, Growth

The global nuclear power market is projected to witness a Compound Annual Growth Rate (CAGR) of over 1.5% during the forecast period, according to recent market analysis.

Key Points: 
  • The global nuclear power market is projected to witness a Compound Annual Growth Rate (CAGR) of over 1.5% during the forecast period, according to recent market analysis.
  • Asia-Pacific is projected to witness substantial growth in the nuclear power market during the forecast period, primarily due to its significant share of nuclear energy production in countries like China and India.
  • India and South Korea are also committed to increasing their nuclear power generation capacity, further propelling market growth in the Asia-Pacific region.
  • The nuclear power market is moderately consolidated, with major players including GE-Hitachi Nuclear Energy Inc., Westinghouse Electric Company LLC, KEPCO Engineering & Construction, SKODA JS AS, and China National Nuclear Corporation, among others.

KEPCO Nuclear Fuel, GS Engineering & Construction, and Seaborg sign a Memorandum of Understanding for Fuel Salt production

Retrieved on: 
Monday, June 19, 2023
KEPCO, GS Group, KNF, LEU, Research, KEPCO Nuclear Fuel, Engineering, Fluoride, GS, Uranium mining, Lithium, Seaborg

COPENHAGEN, Denmark, June 19, 2023 /PRNewswire/ -- KEPCO Nuclear Fuel (KNF), GS Engineering & Construction, and Seaborg have announced a collaboration to investigate the feasibility of developing a LEU fuel salt production facility in South Korea.

Key Points: 
  • COPENHAGEN, Denmark, June 19, 2023 /PRNewswire/ -- KEPCO Nuclear Fuel (KNF), GS Engineering & Construction, and Seaborg have announced a collaboration to investigate the feasibility of developing a LEU fuel salt production facility in South Korea.
  • The three companies share the common vision of pursuing a position within fluoride fuel salt supply for the global 4th generation nuclear energy market.
  • KNF brings extensive nuclear fuel production and fluorides handling knowledge, while GS E&C have broad experience in a variety of engineering and construction projects.
  • "KEPCO Nuclear Fuel wants to explore adding molten salt fuel for 4th generation reactors to our portfolio, enabling us to stay on the forefront of nuclear fuel development in a strive to serve our clients", said Mr. Choi Ik-Soo (President & CEO, KEPCO NUCLEAR FUEL.)

KEPCO Nuclear Fuel, GS Engineering & Construction, and Seaborg sign a Memorandum of Understanding for Fuel Salt production

Retrieved on: 
Monday, June 19, 2023
KEPCO, GS Group, KNF, LEU, Research, KEPCO Nuclear Fuel, Engineering, Fluoride, GS, Uranium mining, Lithium, Seaborg

COPENHAGEN, Denmark , June 19, 2023 /PRNewswire/ -- KEPCO Nuclear Fuel (KNF), GS Engineering & Construction, and Seaborg have announced a collaboration to investigate the feasibility of developing a LEU fuel salt production facility in South Korea.

Key Points: 
  • COPENHAGEN, Denmark , June 19, 2023 /PRNewswire/ -- KEPCO Nuclear Fuel (KNF), GS Engineering & Construction, and Seaborg have announced a collaboration to investigate the feasibility of developing a LEU fuel salt production facility in South Korea.
  • The three companies share the common vision of pursuing a position within fluoride fuel salt supply for the global 4th generation nuclear energy market.
  • KNF brings extensive nuclear fuel production and fluorides handling knowledge, while GS E&C have broad experience in a variety of engineering and construction projects.
  • "KEPCO Nuclear Fuel wants to explore adding molten salt fuel for 4th generation reactors to our portfolio, enabling us to stay on the forefront of nuclear fuel development in a strive to serve our clients", said Mr. Choi Ik-Soo (President & CEO, KEPCO NUCLEAR FUEL.)

LG JOINS RE100 INITIATIVE, COMMITTING TO TRANSITION TO RENEWABLE ENERGY

Retrieved on: 
Tuesday, June 6, 2023
Carbon, RE100, Renewable resource, LG Electronics, KEPCO, Electricity, Korea Electric Power Corporation, Electronics, Wind, Professional, GS, Guarantee of origin, LG, EPS, ESG, PPA, Renewable energy

Accelerating Journey toward Carbon Neutrality, Company

Key Points: 
  • Accelerating Journey toward Carbon Neutrality, Company
    SEOUL, South Korea, June 6, 2023 /CNW/ - LG Electronics (LG) has joined RE100 (Renewable Energy 100), a global initiative advocating for businesses to convert to 100 per cent renewable energy for all their electricity requirements.
  • The company has finalized plans to convert all its business sites to 100 per cent renewable energy by 2050.
  • LG had already established plans to speed up its transition to renewable energy and accelerate its journey toward carbon neutrality.
  • By converting to renewable energy, the company is also reducing indirect carbon (scope 2) emissions generated while using power.